CURRENCYHUB
French Pacific currency area iconXPFCFP Franc

CFP Franc (XPF)

The CFP franc is used in French Polynesia, New Caledonia and Wallis and Futuna. The Institut d’émission d’outre-mer (IEOM), the issuing institution for the Pacific Franc zone, supports its notes and coins. XPF is the ISO code used by international systems; it is a shared regional currency rather than a currency assigned to metropolitan France. CurrencyHub uses a neutral regional icon for the three participating collectivities.

ISO code
XPF
Symbol
Region
Oceania
Currency type
Fiat currency
Exchange system
Fixed parity with the euro
Last reviewed

Convert this currency

XPF converter

French Pacific currency area iconXPF
0.009528 USD1 XPF = 0.0095283468 USD

Rate date:

1 XPF = 0.0095283468 USDRate date: Source: Frankfurter

Quick facts

XPF at a glance

CurrencyCFP Franc (XPF)
Minor unitCentime
Central bank or issuing authorityInstitut d’émission d’outre-mer (IEOM)
Used inFrench Polynesia, New Caledonia, and Wallis and Futuna

Currency profile

How XPF works

The CFP franc is used in French Polynesia, New Caledonia and Wallis and Futuna. The Institut d’émission d’outre-mer (IEOM), the issuing institution for the Pacific Franc zone, supports its notes and coins. XPF is the ISO code used by international systems; it is a shared regional currency rather than a currency assigned to metropolitan France. CurrencyHub uses a neutral regional icon for the three participating collectivities.

Institut d’émission d’outre-mer (IEOM) administers XPF within a fixed parity with the euro system.

  • The CFP franc is the established currency of the French Pacific collectivities and is administered through the IEOM monetary area.
  • The reviewed cash profile records XPF 500, XPF 1,000, XPF 5,000, XPF 10,000 for banknotes and the officially documented circulation coin series for coins.

Context

Why this currency matters

XPF has a fixed relationship with the euro at 1 EUR = 119.331742 XPF. That parity is useful when explaining why XPF can move against USD or NZD while remaining stable against EUR. IEOM provides currency information for the three participating collectivities and their cash circulation. Notes commonly seen in the area include 500, 1,000, 5,000 and 10,000 XPF denominations, while coins cover smaller purchases. A conversion page should show the territory group, the IEOM issuer and the exact provider date beside the result. The fixed euro parity also anchors prices and accounting across the three areas, while the issuer’s territorial remit explains why XPF is a Pacific Franc zone currency.

Monetary framework

Exchange arrangement

Official arrangement

CFP Franc operates under the reviewed fixed parity with the euro arrangement, with Euro.

Reference-rate context

CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.

History timeline

Key dates for XPF

  1. CFP franc created

    France established the CFP franc for its Pacific territories after the Second World War.

    Institut d’émission d’outre-mer (IEOM)
  2. French-franc parity fixed

    A fixed relationship with the French franc stabilized the shared Pacific unit.

    Institut d’émission d’outre-mer (IEOM)
  3. Euro anchor established

    The fixed relationship was converted to EUR when the euro replaced the French franc.

    Institut d’émission d’outre-mer (IEOM)

Usage and economy

How XPF is used

  • XPF is used for prices, wages and settlement in French Polynesia, New Caledonia, and Wallis and Futuna.
  • Its euro anchor and Pacific location make comparisons with EUR, AUD, NZD and FJD especially relevant.

Country currency guides

Banknotes and coins

XPF currency units

Banknotes

The issuing authority documents the reviewed XPF banknote denominations used in the current cash system.

Coins

The issuing authority documents the circulation coin system for XPF.

Currency unit

One CFP Franc unit is recorded with 0 decimal places and uses Centime as its minor unit.

Related currencies

Currency relationships

Explore currencies connected through regional use, trade comparisons or monetary relationships.

FAQ

XPF questions

Where is XPF used?

XPF is used in French Polynesia, New Caledonia and Wallis and Futuna.

Is XPF the same as the old French franc?

No. XPF is the current CFP franc used in the French Pacific monetary area, while the French franc was replaced by the euro in France.

How is XPF linked to EUR?

The CFP franc has a fixed parity of 1 EUR = 119.331742 XPF.

Sources

Data and editorial review

Rate source: Frankfurter

Last reviewed:

Currency identity and cash information is checked against central-bank, government, ISO and official international sources.